TLDR Kalshi sent Netflix a cease-and-desist letter over the trailer for Instadocs: The Prediction Games. The company says a scene showing a $5,000 bet slip is fake and misleading. Kalshi points to a mismatched date, a “Crop” label, and low trading volume as proof. Netflix denies using fabricated footage and stands behind the documentary. Kalshi says it warned a Netflix editor before the trailer came out.
Kalshi has asked Netflix to remove the trailer for its upcoming documentary, Instadocs: The Prediction Games. The prediction market company says the clip includes a fake trading receipt.
The letter was sent on July 24. It was addressed to Netflix’s Director & Senior Counsel for Intellectual Property, Lindsey Faivus.
Kalshi says the trailer uses “fabricated documents and false and misleading statements.” It asked Netflix to take the clip down and issue a public correction within an hour.
The trailer shows a World Cup watch party in Las Vegas. One attendee says he likes betting on Kalshi and shows what looks like a $5,000 receipt for a bet on Spain.
Another person in the scene claims that people in the house have made millions of dollars trading on prediction markets. Kalshi says this framing is misleading.
Kalshi Points to Mismatched Details
Kalshi has been barred from offering sports contracts in Nevada since May. The company says the trailer makes it look like the trade happened there on July 19, 2026, after that order was in place.
Kalshi broke down the receipt shown in the video. It says the image is dated May 16, 2025, more than a year before the date the documentary suggests.
The image also shows the word “Crop” on the phone screen. Kalshi says this shows the person was holding up a saved photo, not the live app.
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